Common questions relating to Lisson Grove Lease Extensions

  • My OH agreed with the landlord for a lease extension on our flat based in Lisson Grove, 11k for an additional 90yrs. Can you please help us with this situation ?
  • My wife has an apartment in Lisson Grove which we have just put on the market. The leasehold has nearon fivety eight years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I am considering investing in a holiday home but it has a lease that expires in 14 years. Its in Lisson Grove - I wanted to see if with your services this could be extended?
  • Possibly made an error, I am searching for a in Lisson Grove who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
  • I am a first time buyer of a leasehold flat in Lisson Grove. The lease has just seventy eight years unexpired and ground rent is £25. Is it possible for the homeowner to serve the Initial Notice and then transfer over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the homeowner? To add to the complexity the freeholder is absent, so I am not sure how this will play out.
  • Me and my sister have owned a leasehold flat for approximately eighteen years. There are 57 years outstanding on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome advice.
  • I'm living at mother and father but have a one bed flat in Lisson Grove let out which has a 75 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Lisson Grove for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
  • Just been over two years that I have owned my one bed flat in Lisson Grove. I have 70 years left on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Lisson Grove. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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